Package delivery giant UPS announced Friday, July 18, a new “US Driver Voluntary Severance Plan (DVSP),” offering financial ...

On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS history." ...

The so-called “Driver Voluntary Severance Plan” is the latest part of the company’s jobs massacre, including plans to ...

The Teamsters union, which represents about 340,000 UPS employees, is urging its full-time members to reject the offers.

The union says the Teamsters have bought only 10% of the promised vehicles, but the company says it remains committed to the agreement.

Teamsters President Sean O’Brien called the plan “illegal” and said it violated the union’s 2023 contract. He pointed out that the contract requires UPS to create 22,500 more jobs.

Nearly 340,000 Teamsters ratified an historic five-year agreement with UPS in August 2023, guaranteeing the delivery of at least 28,000 package cars and vans with air conditioning and the ...

UPS announced in April it was cutting 20,000 jobs and closing 73 facilities. ... The Teamsters union, which represents about 330,000 workers at UPS, was first to announce the buyout plans, ...

UPS and the Teamsters union representing about 340,000 workers at the package carrier on Tuesday said they reached a preliminary labor deal that includes raises for both full- and part-time ...

WASHINGTON, April 29, 2025 /PRNewswire/ -- The following is a statement from Teamsters General President Sean M. O'Brien on the announcement from UPS in today's earnings call that the delivery and ...